KBR Building Group to Construct Luxury High-Rise Residential Project, Aurora, Part of LCOR’s Phased Development at North Bethesda Center at White Flint Metrorail Station

May 8, 2012

KBR Building Group has been awarded a $61 million contract to provide construction services for Aurora, a luxury high-rise residential project at North Bethesda Center in North Bethesda, Maryland. KBR Building Group’s contract is with LCOR, a leading real estate development company with offices in the Washington D.C. Metro area, Pennsylvania and New York. Designed by WDG Architecture, PLLC, the 18-story, 311,000-square-foot Aurora — targeted for LEED Certification — will feature 341 units with a 135,000-square-foot, two-level, below-grade parking garage with 386 parking spaces. The project is sited adjacent to the White Flint Metrorail Station. Construction is being led by KBR Building Group’s regional office in Vienna, Virginia.

“It’s an exciting time to be building in Montgomery County. We are proud to be a part of the LCOR team and contribute to the White Flint neighborhood revitalization,” remarked Mike Sloan, Executive Vice President, KBR Building Group.

Aurora is the second of four high-rise residential buildings to be constructed at North Bethesda Center. The planned Aurora development includes a downtown streetscape decorated with brick pavers, granite cobbles and planting beds. Aurora’s amenities include a two-story lobby with concierge station, fitness center, outdoor swimming pool, clubroom with private rooftop terrace, business center and conference room. A landscaped community green will serve as a centrally located outdoor plaza providing leisure space for the residents of North Bethesda Center.

“With KBR Building Group’s expertise in green building, we are confident Aurora will come to fruition as a stand-out residential addition to North Bethesda Center,” said Mike Smith, Vice President of Development at LCOR.

About North Bethesda Center — LCOR is the master developer of North Bethesda Center, a multi-phase mixed-use development on a 32-acre site, located halfway between downtown Bethesda and the city of Rockville. North Bethesda Center is planned to include 930,000 square feet of office space, 202,000 square feet of retail space, four apartment buildings and a hotel. As part of the planned office space, LCOR is currently constructing a $131 million headquarters building for a major U.S. Government agency.